Environmental
A Phase I Environmental Site Assessment (ESA) is best described as:
AActual soil sampling and lab testing
BA records review and site inspection without soil sampling✓ Correct
CRequired by state law for all residential transactions
DA guarantee that the property is free of contamination
Explanation
A Phase I ESA is a non-invasive records review and visual inspection that assesses the likelihood of contamination. If contamination is suspected, a Phase II ESA (with actual sampling) is ordered.
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Key Terms to Know
Zoning
Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
Adverse PossessionA doctrine by which a person can gain legal title to another's land by openly, continuously, and adversely occupying it for a statutory period.
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